Here is my view on TRX ,
Currently, it seems like support is holding the price. But is very low at support means people are not showing much interest. I dnot see a decent bounce from support which can give hope and gain momentum.
So, it would fall more.
I would watch the chart again with my alert setup when it breaks the triangle. I would be happy to buy on the breakout, but now with strict stoploss.
a close up view:
Price broke and reached 480 in Binance.
Watch the Doji formation on daily. That is the first sign and close above today's high is the second sign.
Time to buy, break below 450 on panic, it may reach 220 levels.
Our guys bought it at 450 with target of 900, 1200, 1600, 1800 and much more.
And it had decent bounce from 450 to 1000. 100%, hope you booked profits around 900 levels.
Lets have a new thread to talk about TRX.
For Smart Trade : Register here. You can do trailing sl or take profit easily.
But whoever bought at 480 --> 630 is 30% trade.